Conservest Capital Advisors Inc. Trims Stock Position in iShares U.S. Energy ETF (NYSEARCA:IYE)

Conservest Capital Advisors Inc. reduced its stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 2.8% during the third quarter, Holdings Channel reports. The firm owned 78,446 shares of the company’s stock after selling 2,230 shares during the quarter. Conservest Capital Advisors Inc.’s holdings in iShares U.S. Energy ETF were worth $2,491,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Stonebridge Capital Advisors LLC purchased a new position in iShares U.S. Energy ETF during the 2nd quarter valued at $47,000. Simplex Trading LLC bought a new stake in shares of iShares U.S. Energy ETF during the 3rd quarter valued at $50,000. Executive Wealth Management LLC boosted its holdings in shares of iShares U.S. Energy ETF by 79.3% during the 2nd quarter. Executive Wealth Management LLC now owns 1,750 shares of the company’s stock valued at $60,000 after buying an additional 774 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of iShares U.S. Energy ETF during the 1st quarter valued at $98,000. Finally, U S Global Investors Inc. bought a new stake in shares of iShares U.S. Energy ETF during the 2nd quarter valued at $100,000.

Shares of IYE stock traded up $0.47 during mid-day trading on Monday, reaching $31.02. 1,600 shares of the company’s stock traded hands, compared to its average volume of 484,349. iShares U.S. Energy ETF has a 12 month low of $28.99 and a 12 month high of $40.25. The company’s 50-day moving average price is $31.65 and its 200-day moving average price is $33.33.

The firm also recently announced a — dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were issued a dividend of $0.2767 per share. This represents a dividend yield of 3.1%. The ex-dividend date was Tuesday, September 24th.

iShares U.S. Energy ETF Company Profile

iShares U.S. Energy ETF (the Fund), formerly iShares Dow Jones U.S. Energy Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Oil & Gas Index (the Index). The Index measures the performance of the oil and gas sector of the United States equity market, and includes companies in industry groups, such as oil and gas producers, and oil equipment, services and distribution.

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Institutional Ownership by Quarter for iShares U.S. Energy ETF (NYSEARCA:IYE)

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